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make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >>> never, ever buy a stock just because it's come down so much you feel like it has nowhere left to go but up. stock picking is a lot like going shopping. some people will buy terrible merchandise because it's marked down enormously and looks cheap. looks can be deceiving. take the calamity that is jcpenney. this is a classic case of how much damage a bad ceo can do to a once viable brand. about a year ago, jcpenney hired ron johnson, the guy who is supposed to have created the looking field, the apple store, to be it's new chief executive. he took over to great fanfare and laid out a whole bunch of new strategies, supposed to turn around penney's stagnant business. stocks soared at the time. instead of turning jcpenney around, johnson dumped a bunch of stock and turned it into a wreck. the company reported its third hideous quarter in a row and it's trading 16 and chang
the making begin [ female announcer ] pillsbury pie crust. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> our second story, murder in paradise. john mcafee is believed to be hiding in belize after the murder of his neighbor on an island off the central american coast. while police say the megamillionaire is not a suspect, they want to question him and his response has been bizarre. martin savidge has more on the case involving young women, poisenned dogs and bad blood. >> i'm sitting in john mcafee's front yard. i can sit here because this is actually the beach and here in belize, the beach is considered public property. the house back there, the purple and yellow, the lights are on, bunobody's home. it's al
, at of the retailers of course. but monster, another big one we're watching. but energy drinks as a category is linked to adverse events and hospitalizations which is not a good thing when you're in that industry, you're looking at potential. and maybe warning labelis which are not a good thing either. >> the corner of a -- it's a triangle, jim. >> there's no resting place. here's the deal with monster. monster's last conference call, they did this remarkable test versus starbucks, and said they had less caffeine than starbucks, i actually bought a box of them at costco. i had to save them for -- and no, i mean these are really, i think, off the reservation, the five-hours. >> to say they have less caffeine than -- if i were a consumer looking for a caffeine jolt, they're saying that starbucks has more caffeine and is not linked to any adverse events. but starbucks is saying why are you lumping us into the 5-hour. maybe you should have -- at the same time the government is a -- the government doesn't come in and say, you know what? we like some energy drinks and not others. we don't like energy drinks
it. >> i'll have to find another alternative source of energy. >> john muller, abc news, new york. >> 5-hour energy strip. 5-hour energy drink. >> man, start stocking up. get some diet coke. whatever you have to do. hang in, folks. >> man, start stocking up. get some diet coke. whatever you have to do. hang in, folks. septic disasters are disgusting and costly, but avoidable. the rid-x septic subscriber program helps prevent backups by sending you monthly doses right to your door so you will never forget to maintain your system. sign up at rid-x.com. [ wife ] a beached whale! lawn clippings! a mattress. a sausage link. mermaid. honey!? driftwood. come on, you gotta help us out here a little. [ male announcer ] febreze eliminates odors and leaves carpets fresh. ♪ prove it. enough is enough. d-con baits are specially formulated to kill in one feeding. guaranteed. d-con. get out. ♪ let the sky fall ♪ let the sky fall ♪ it may crumble ♪ we will stand tall ♪ face it all together >>> welcome back, everybody, to "insomniac theatre." number one at the box office this weekend,
in equity prices on the prospects of a fiscal cliff aversion, energy and technology. technology is down double digits. energy fell off as oil prices fell down to the mid-80s, somewhat toward an uptick. >> gentlemen, thank you all. arthur, good to see you on set with us. >> thank you very much. >> thank you for joining us today. we call this fiscal cliff investing. bertha coombs joins us with the potential winners and losers in how investors can play all this with a fiscal cliff portfolio. >> and they've been doing it already. if the president and congress fail to reach a deal on the fiscal cliff the expectation is that stocks will be the big loser. defense stocks in particular with a prospect of massive budget cuts starting january 1st. now, they've been hard hit since the election, turning around a bit today. cnbc looked at a portfolio of etfs that correlate with the moves in the market on the fear of hitting fiscal cliffs in particular sectors, including etfs that short stocks, negative bets on the market, like the ultrashort s&p eft. down all year, its been a gainer since the electio
the eastern see board. upper level piece of energy coming through and that's going to bring us clouds. partly to mostly cloudy this afternoon. 50 today. we're going to warm it up for the weekend. highs in the mid 50s. and the big change from yesterday, rain out of the sunday afternoon forecast. red skin game. no rain sunday afternoon. maybe a few showers monday. >> dc united plays sunday? >> yeah. i think against houston. >> at rfk? >> yes. >> very cool. >> double-check that time. >> very good. thanks. >> head on over to julie. on time traffic. >> you know, i always see about doing the high dive and cannonball into the pool the first day of summer. wonder if he's going to do that in that pool of wine. >> no, no, no. >> better chance of getting you into the pool in montgomery village than i do that right? >> yeah. >> next summer. we have our hands full. coming out of austin hill. this is where we have the accident activity. only one left lane is able to get by. folks coming off of the inner loop costing almost 20 minutes. on the south side of town, northbound 395 delays leaving the beltway.
energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> well you heard it from warren buffett, taxes are going up on the rich. but is that going to be enough to tackle the debt? the math just doesn't add up. allowing the tax cuts to expire for everyone, unpalatable and as unpopular as that would be, would show growth in the short-term.
: and wind power. how they want the federal government to blow new light into the alternative energy source. dennis: his other world currencies are faring against the u.s. dollar. [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. >> 21 minutes past the hour, hello, everybody. this is your fox news tha fox n. palestinian witnesses said israeli airstrikes have struck several targets in benghazi city. following that attack that killed the chief of staff and top military commander. israeli assault cease-fire for the past 24 hours along the israel border. and taking a 54 congressional committee today. refusing to answer questions from the committee. the tainted
energy commission says 2012 has been a record year for the number of spice prices. senator mark leno went searching for answers to why and to ask if the state can do more to protect consumers. it's not the first hearing but the first time we've heard this. >> we seem to have information that there was ongo prog dux. >> oregon based consultant says his analysis of environmentalg÷ emissions suggests in may, shell's martinez plant was making gasoline for one of the two weeks it claimed to have been shut down. chevron richmond refinery supposed to be shut down two weeks in may, but mcculla says data shows it's never shut down. but with those shut downs real or fabricated and the richmond fire, he says he cannot explain the record setting october price spike. >> there is no evidence of disaster here. why did they and quite frankly, i can't explain it. >> the western state petroleum association shot back the conclusions were based on third party information from the bay area air quality management district,nbz2u not fm refineries themselves. that there is no evidence refineries were operating
and what we might see in the coming decades with abundant cost of energy supplies that could have a dramatic impact on what we might see in terms of being able to proceed with a manufacturing growth in manufacturing continuation of employment here that is not independent on the innovation or high-tech industries which we should very much be supporting. that's something to keep an eye on. >> i'm glad you mentioned energy because i was getting very depressed talking about the middle class i think it is the single biggest issue in america today. will be part of the energy solution. >> i wish that i had included that because heidi is completely right. it is a great thing that is happening in terms of the availability in the natural gas where as you know it isn't a well liked commodity where it's produced which means if you have as much of it as we have at the moment, the price is low relative to the cost of oil and therefore we can attract energy intensive manufacturing in north dakota and eastern ohio to wherever to take advantage of it and that is a great thing and i don't want to m
that inflation forecast of unexpectedly large rise in home energy prices. and annoy saying inflation falling the second half of 2013 and they'll only hit the 2% target in mid 2014. so basically they're going to hit their target almost a year later than they forecast, just three months ago. so in three months, they have pushed out their target of inflation by a year. so what we're seeing now is the sterling gains against the dollar. guilt futures are extending their losses on this report because clearly it suggests they'll be reluctant to do any more qe, let alone the fact they're also questioning its efficacy as well. economic growth to fall back sharply in the fourth quarter. rpi over 3%. the squeeze on real incomes in the uk continues because of this higher inflation profile. they say use of profits from bond purchase to pay government debt the same as 35 billion of qe. that's just to remind you that what's going to happen now is the government is going to take back the interest it's already paid to the bank of england and take it back, which is what they do in japan and the u.s. anyway. >
, the energy industry. all of which has constituencies behind them and are difficult to address. >> part of the president's answer to that is to not make the distinction between the corporate and the unincorporated business and raise taxes on what one of the speakers described as passed through entities. large partnerships. and that might have otherwise been corporations. >> i think there is no doubt that the corporate income tax in particular is a rickety structure in need of reform. coming about because we are in a world in which capital is increasingly mobile but we have this boundary around the corporate income tax in based on a national boundary and there is just tension contained in that phenomenon. there is dramatically different perspectives about where to move. the republican party seems much more interested in a territorial system where you get past on the profits that accrue in the united states. democrats are worried that creates even larger incentives for transfer pricing and for locating your profits overseas. and thereby escaping that tax. that is a fundamental divide. in
up for the public, and if you managed to get roles in plays like a federal energy rhetoric commission is an basically to say you can't challenge anything we do, there's a fight going on right now about that would be just dismissed without any discussion challenges to the practices and pipelines by the way, they readily are earning over 50% annual profit and they have given them a 38% rate increase over five years. .. when i first read about public utilities in the early 1970s, the utility boards a doubt with at least had some people who were directly connected to the industry. sometimes they had knowledgeable critics. they had a brilliant businessman who just died recently probably made himself a billionaire before he died or were critics of the industry and thought about how to get the rules to encourage the utilities to behave in a way that this benefits the overall economy? the public utilities commission under governor schwarzenegger was run by people from the utility industry. the lawyer for the cell phone industry, a finance here from the energy industry. i quote the editor of a
to demand smaller, safer and more energy-efficient cars. >>> lance armstrong has cut his remaining ties with the charity he founded. back in october you will recall he resigned as chairman of livestrong. but he kept a seat on the board. well today, he gave that up. and on his way out he posted a photo of himself on twitter, relaxing at home, surrounded by his seven tour de france yellow jerseys, representing the seven tour de france titles he has now been stripped of, as a result of the doping scandal. >>> up here next, the veterans, marking their own holiday by making a difference for others. >>> and coming off the veteran's day holiday it is time for our "making a difference report," since our veterans already know how to sign up for duty having already done it once, a whole lot of veterans did it this weekend, in some places that really need their help after the storm. and the vets treated it like a task, a mission, because that is how they know how to get the job done. our report tonight from stephanie gosk. >> when we get to the place. >> reporter: iraq war veteran harry golden has
is being observed by nearly all workers in the automobile, energy, shipbuilding, and construction industries. >> they are taking all our rights away -- all our rights. the banks and other business people are bringing us onto the streets. they are stealing our salaries. we do not have any rights anymore. >> hundreds of flights have been canceled across europe. in the portuguese capital, lisbon, many face long waits with nearly half of all flights canceled. >> we arrived at 9:00 in the morning, and we have to wait until 9:00 in the evening. public transport is not working, either, so we are stuck. it is a shame. >> access to ferry service has also been blocked. >> we are witnessing the biggest strike portugal has ever seen. it also has a special significance because it is the first time spanish and portuguese workers are conducting a strike on the very same day. >> strikes are under way in greece, italy, and france, and railway workers in belgium have also walked off the job for 24 hours, affecting both domestic and international services. >> let's go live down to spain now. miles t
by people from the utility industry, a lawyer from the cell phone industry, a finance your from the energy industry coming in by quote the editor of a little paper in california the only peter besides the l.a. times that's been tough on the utility industry whose says it doesn't stand for public utility commission because they are so unpopular he calls of the profit up keep commission. >> host: there are other examples of interesting to me but there's a section on the 401k and the retirement savings what do you find is there a lesson that we can do as individuals if everybody knew how to invest well then they would pay the wages and for all of my education and knowledge i don't know how to do that i just spend less than you make. the efficient way to take care of people's old wage there is not peacekeeping is through defined benefit pension plans and you hear the industry saying let's get rid of these they aren't predictable. that's nonsense you can buy the pension plan call-up any insurance plan and say i'm this age here is how much i have and tell them your gender and get a blood test an
in this moment, very unsustainable. must make fiscal reform and energy reform, education reform. but anyway, second. in this moment i don't know whether this will mean that's been in this moment i consider the bailout is not critical for the country. >> why not? >> one, because the condition they can establish after you ask the bailout may be will be the same policies that the government trying to intimate in spain. an advantage in terms of finance countries, of credit, but i believe you have limited -- [inaudible] and this is a price, a medical term, maybe economic terms will be in my view would be my view, more than -- [inaudible]. the second, but the bailout we're talking about bailout not in the greater terms. bailout not depend only of the will of the spanish government. depend on the approval of the rest of the government's. >> particularly germany, right? >> because it is the most important country. but i am convinced the germans reject any totally the possibility spend go ask you don't spank you think germany will veto any bailout for spring? >> absolute. i am convinced of this. so
in texas. >> caller: pch energy. >> down 16. mostly natural gas in ohio. if you watched the show, we told you it's mostly natural gas in ohio. i have been buying southwest, swn. why have i been buying southwestern energy? it's the pure nat gas play i want. i think it's going higher in 2013. >>> bill in south dakota. bill. >> caller: jim, my stock is american capital agency corp, agnc. there one is going to go down. why? maybe companies real estate investment trusts are worried about the taxation considerations, and we also have to worry about what the yield curve looks like and what they will do with fannie and freddie, so many -- so so many cost runs here, i think you should stay the course, but understand it's just another stock right now and it could lower. no longer charmed like it's wen. >>> john in new jersey. john. >> caller: professor cramer. >> thank you for the tenure. yes. >> caller: wind stream, win. >> no, they did not execute. came on the show, told you this he would execute, didn't execute. ctl, century link is better. i do prefer verizon and at&t. >>> let's go to artie in
is investigating 13 deaths that may be linked to 5-hour energy. the fda says it has received 92 patient reports. these are being reported as adverse events. they are required by law to be investigated though. the distributor tells cnn consumers shouldn't drink more than two bottles of 5-hour energy a day and even then, spaced hours apart. maybe just avoid all those things all together. that's just me. >>> the 21-year-old foreign exchange student accused of trying to blow up new york's federal reserve bank was indicted today on two charge s using a weapon of mass destruction and trying to provide material support to al-qaeda. he was arrested in october when authorities say he tried to detonate what he thought was a 1,000 pound bomb using a cell phone as a trigger, but it was part of a sting operation and the feds say he was inspired by al-qaeda and say he came to the united states with the purpose of conducting a terrorist attack. >>> the french president is urging mali's interim president to step up talks with rebel leaders. they took over the northern part of mali this year and now say they wa
technological revolution has reenergize the american north american energy market and is fundamentally reshaping global politics short -- toward the traditional powers in the west rather than away from them, you think about drones, the war on terror, technology has allowed a lead foot print that is far more effective in many respects, at least at the specific task of getting bad guys without much direct involvement on the ground than anybody would ever have imagined a few years ago. it's a changing technological environment working to overturn established powered orders or to reinforce establish power orders. >> that is open to all of you. >> as you say, this is an ebb and flow and always has been, just as the american sense of one we want to intervene and when we want to pull back. whether you believe it is a 70 year cycle or in a year cycle or whatever, the technological flow goes in a much faster cycle. so in the past ten years, for sure, i think it has reinforced american power because, as you look at what president bush was doing in his second term, what president obama has doubled down on
natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> traveling is going to parts unknown. sharing a pipe with a shaman as the sun comes up over a 3,000-year-old ruin and only then realizing you forgot to pack your toothbrush. >>> traveling is going to parts unknown. sharing a pipe with a shaman as the sun comes up over a 3,000-year-old ruin and only then realizing you forgot to pack your toothbrush. >> a sneak preview of the new series, "parts unknown" which debuts in the spring on cnn. joining me is the host and newest cnn contributor, anthony bourdain. welcome to the family. i'm no longer the new boy. i'm excited. why cnn? >> you guys called at a good time and it was a very excitin
energy drinks, regular. >> and you could just make sparkling water. >> hmm. [ magic want wand music. [ . >> and no bottles to throw away. >> stephanie: and my favorite, you could have alcohol. >> i'm sure they don't encourage that. >> stephanie: sure they do. do you know that every theater that sexy liberal has ever played at has said that's the most alcohol we have ever sold. get your soda stream in time for the holidays. prices start at $80 and it saves you money over time. and no lugging. >> we're not lugging people. >> stephanie: no target, walmart, kohl's beth bath and beyond, you can find stores near yew. and sue from rockwell loves it. >> sound bite: can you positively guarantee that it will give me an orgasm? yes. >> announcer: it's "the stephanie miller show." [ ♪ music ♪ ] ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. from silver screens... to flat screens... twizzlerize your entertainment everyday with twizzlers the twist you can't resist. (vo) she gets the comedians laughing and the thinkers th
women drivers are more likely to demand smaller, safer and more energy-efficient cars. >>> lance armstrong has cut his remaining ties with the charity he founded. back in october you will recall he resigned as chairman of livestrong. but he kept a seat on the board. well today, he gave that up. and on his way out he posted a photo of himself on twitter, relaxing at home, surrounded by his seven tour de france yellow jerseys, representing the seven tour de france titles he has now been stripped of, as a result of the doping scandal. >>> up here next, the veterans, marking their own holiday by making a difference for others. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. has become boring and tasteless... only one man can save the day. kellogg's crunchy nut! ♪ sweet and nutty crunchy nut
are an energy food. >> perfect for bloomberg to go on -- if it hasn't gone bankrupt, he would have tried to shut it down. >> jeremy, will you wear a rise a above -- you asked for one. >> yeah. i saw you rising and levitating. >> goolsbee wouldn't wear one because he was sure there was right wing conspiracy. are you ready to wear one. >> >> rise before has all sorts of con know takingnotations. >> but they're all good. >> yes. but i don't have a viagra pen. >> i asked goolsbee, what about be kind to animals. >> people see whatever they want. >> i will wear an i love hot dogs pin. >> it's a hint at compromise and that's what people don't like. >> in my mind, it doesn't hit a compromise. the president needs to compromise. that's how i see it. >> the republicans don't have to rise above? >> no, they've already put revenue on on the table. now let's compromise on on entitlements. you can lower marginal rights and raise effective rates, right? >> if the president didn't stand in the way, could you have a 1986 tax deal, take off preferences. you could lower tax rates which help the economy. everyone ca
, and clean energy, putting people back to work rebuilding roads, bridges and schools and reducing our deficit in a balanced and responsible way. on this last item, we face a very clear deadline. that requires us to make some big decisions on jobs, taxes, and deficits by the end of the year. both parties voted to set this deadline. and i believe that both parties can work together to make these decisions in a balanced and responsible way. to meet with labor and civic leaders for their input. today i meet with c.e.o.'s of some of america's largest companies. and i'll meet with leaders of both party of congress before the week is out because there's only one way to solve the channels and that is to do it together. as i've said before, i'm open to compromise and i'm hope to new ideas. and i've been encouraged over the last week to hear republican after republican agree on the need for more revenue from the wealthiest americans as part of our arithmetic if we're serious about reducing the deficit. because when it comes to taxes, there are two pathways available. option one, if congress fails to ac
't? in industries like manufacturing and energy, they're using predictive analytics to detect signs of trouble helping some companies save millions on maintenance, because machines seek help before they're broken. and don't when they're not. that's what i'm working on. i'm an ibmer. let's build a smarter planet. >> osgood: gus here is a shelter dog, a chihuahua jack russell mix. who is to say that a dog's life has to be a dog's life when it comes to food? certainly not the folks our rit a braver has been talking with. >> reporter: if you think gourmet food is just for people, you haven't met margaret bishop and her five dogs. >> they're my family. they're some of the most important relationships i have in my life. >> reporter: so she lovingly serves them special meals made from flash frozen raw food. she buys it directly from her neighbors, norman and carol king of marshal, virginia. who sell it right from their front porch freezer. >> you let loose a cat or a dog in a grocery store or a supermarket, they're not going to the pet food aisle. they're going for that raw meat. in the butcher count
-term recovery was at the stimulus really did begin this long-term reinvestment. it was by far the largest energy bill in the history of the country. we been spending a few billion dollars a year. the stimulus port and 90 billion, just a complete game changer for wind, solar and other renewables, energy efficiency and every imaginable form. [applause] i got for saying he thinks. for this marker, electric vehicles, biofuels, clean energy research and the technologies of tomorrow and factories to build the stuff in the united states. not just energy, but the stimulus is going to drag our antiquated health care system into the digital era so that your doctor might not kill you at this chicken scratch handwriting by 2015 just about every american will have an electronic medical record, which really should improve care and reduce costs and is really a down payment on health care reform. this included the most ambitious education reform in decades with race to the top of the largest infrastructure investment since eisenhower. it had the largest research investment other, the largest middle-class tax cu
in the automobile, energy, shipbuilding, and construction industries. this is a union spokesperson. >> we are not that bad off here, but we all have an unemployed brother or friend. everyone says the same. that was easy to get a job before even though it was a bad one, and i just don't. everyone is fed up with cuts, especially in health care, education. people talk a lot about that. >> this is the second general strike this year in spain. it comes after 53-year-old woman jumped from a balcony to her death as she was about to be evicted. the death of amaia egana mark the second suicide in two weeks related to evictions in spain as a growing mass movement put pressure on the authorities to act. for more we go to madrid where we're joined by maria carrion, independent journalist, former "democracy now!" producer from her latest piece is called "spaniards take on." start with the story of this woman who committed suicide. >> it is good to be with you. amaia egana member in the basque country and her case is especially tragic because she actually did not sure just how bad off the situation was
-the-door-down black friday prices on appliances at the home depot. we can upgrade to sleeker... larger and more energy-efficient at black friday prices... today. uh-oh. looks like the secret's out. more saving. more doing. that's the power of the home depot. right now, get this maytag 4-door refrigerator for just $1698. save $800. ♪ ♪ ♪ grown in america. picked and packed at the peak of ripeness. the same essential nutrients as fresh. del monte. bursting with life. yay! come get into bed. this is a story about jingle the husky pup. and jingle was a good dog. ruff! ruff! jingle loved to bark hello. ruff! ruff! ruff! ruff! jingle even loved to sing. ruff! ruff! ruff! ruff! ruff! jingle! let's read the book to him. jingle, stay. and jingle did. ruff! ruff! [ female announcer ] hallmark interactive story buddies. when you read key words, jingle responds. >>> pack new at 7:42. jeff bezos has always thought big. in 1959 he took his love of books and created a little website called amazon.com. 17 years later he's transformed the way we all shop a the way we read with the kindle fire, and the future loo
energy, long-term play, i think this is a one for 401(k)s. connell: charles, see you next hour, i believe. nicole is that watching retailers for us. nicole: we will take a look at a few retailers. we will start with saks fifth avenue. they are coming out with numbers that are a little bit disappointing. profit was on the rise. the big picture is they noted a fiscal cliff playing into their numbers as well. and hurricane sandy. it really generates about one fifth of their revenues. that is a big, big player. a lot of stores had to close for at least one day and some for over a week. then there is michael kors. higher same-store sales. they expect more profits. year to date, michael kors is a seller. it is. dow jones industrials up 68 points. dagen: business leaders cringing. where do you claim. we will talk about some ideas. connell: grading the election versus those in our nation's past. we have the report card coming up for you after that. first, let's take a look at the world currencies. the local ♪ having you ship my gifts couldn't be easier. well, having a ton of lations doesn't hur
decisions that have been made about the depreciation and manufacturing and the energy industry all of which have significant constituencies behind them and all of which are difficult to address. islamic of course we haven't had a whole lot of folks at least i've heard of that have suggested anything other than revenue neutral corporate tax reform of the community will offer much in terms of new revenue. >> part of the president's answer to that peter can no doubt say much more about it is to not make the distinction between the corporate and the unincorporated business and raise taxes for the entities and large partnerships that might otherwise have been corporations and tell us what we should be worrying about. >> a couple comments. first, i think there is no doubt that the corporate income tax in particular is a rickety structure of this point that is in need of reform, and fundamentally it is coming about because we are in a world in which capitalism is increasingly mobile, but we have got this boundary around the corporate income tax based on the national boundary, and there is just ten
the energy industry coming in by quote the editor of a little paper in california, the only people in california besides the l.a. times that's been tough on the bulletin who says the eeoc doesn't stand for public utility commission because they are in the industry he calls it the profit upkeep commission. >> host: some of the rhetoric samples interesting to me, the section on the 401k and retirement, what do you find that you would like to talk about briefly but also is there a lesson we could do as individuals? >> guest: if everybody knew how to invest money the average job would pay wages and it's absurd. for all of my education and knowledge of the chicago school and not an economist and i've written about finance i'm not a good investor i just don't spend less than you make. but efficient way to take care of people's old age which there is no use gaping is through defined benefit pension plans and year the industry say we have to get rid of these they are not predictable. you can buy in individually defined pension plan called the insurance company and say i am this age i want
the pipeline route. the pipeline will likely get approval and get built. either way, the energy relationship between the u.s. and canada will continue to grow. and while president obama meets with his newly elected mexican counter part this month, a major topic will be obama's goil goal for immigration reform. it's a domestic issue with regional economic implications for both the united states and mexico. so president obama has got a lot to think about. joining me now is fareed zakaria. he is host of "gps." you understand the economy and foreign affairs. let's talk about europe first of all. you get the impression that china was the biggest economic threat to the united states. but if europe doesn't get its act together, the trade between europe and the u.s. is greater. should the president be worrying about that more? >> he's worrying about it. look, there is no danger of a lehman like collapse in europe because the european central bank finally has essentially copied the federal reserve. and has provided liquidity. so no crisis, no crash. what instead has happened is the slow motion cross-
on they will rapidly drop in price. >> also helps you save money on energy. >> yes, lasts 25,000 hours. >> not bad at all. all good stuff. all good tips for the fall. as always appreciate you being here. all this good stuff. thank you, paula for donating all this stuff. you can find details on all the products. and where to find them at dick's website, gizwhiz.biz or wnnfans.com. we'll be right back, you are watching "world news now." ♪ i'd do anything for you, dear ♪ ♪ anything, yes, i'd do anything ♪ ♪ anything for you ♪ but lately she's been coming in with less gray than usual. what's she up to? [ female announcer ] root touch-up by nice'n easy has the most shade choices, designed to match even salon color in just 10 minutes. with root touch-up, all they see is you. >>> i know this is going to come as a shock to you, rob, did you know there is a lot of women that don't get along with their mothers-in-law. >> i am stunned by the stats. >> stunned. thanks to people at onepoll and their hard research for basically stating the obvious. 40% of us don't like our mothers-in-law. here is a
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